UnitedHealth Minority Interest vs Depreciation And Amortization Analysis

UNH Stock  USD 608.38  1.59  0.26%   
UnitedHealth Group financial indicator trend analysis is much more than just breaking down UnitedHealth Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UnitedHealth Group is a good investment. Please check the relationship between UnitedHealth Group Minority Interest and its Depreciation And Amortization accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UnitedHealth Group Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Minority Interest vs Depreciation And Amortization

Minority Interest vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UnitedHealth Group Minority Interest account and Depreciation And Amortization. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between UnitedHealth Group's Minority Interest and Depreciation And Amortization is -0.47. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of UnitedHealth Group Incorporated, assuming nothing else is changed. The correlation between historical values of UnitedHealth Group's Minority Interest and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of UnitedHealth Group Incorporated are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Minority Interest i.e., UnitedHealth Group's Minority Interest and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

-0.47
Relationship DirectionNegative 
Relationship StrengthVery Weak

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of UnitedHealth Group Incorporated whose combined shares represent less than 50% of the total outstanding shares issued by UnitedHealth Group have a minority interest in UnitedHealth Group.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from UnitedHealth Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UnitedHealth Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UnitedHealth Group Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of now, UnitedHealth Group's Selling General Administrative is increasing as compared to previous years. The UnitedHealth Group's current Enterprise Value is estimated to increase to about 500.3 B, while Tax Provision is projected to decrease to under 5 B.
 2021 2022 2023 2024 (projected)
Total Revenue285.3B322.1B367.5B385.9B
Depreciation And Amortization3.1B3.4B4.0B4.2B

UnitedHealth Group fundamental ratios Correlations

1.00.990.980.951.00.971.00.670.970.960.471.00.120.861.01.00.990.970.870.560.840.840.391.00.4
1.00.990.980.950.990.971.00.670.970.960.461.00.130.861.01.00.990.980.860.60.840.830.391.00.4
0.990.990.980.931.00.960.990.680.970.940.520.990.160.860.990.990.970.960.870.510.830.850.430.990.44
0.980.980.980.970.980.910.990.650.920.90.490.980.180.820.980.960.980.970.870.550.80.860.430.980.44
0.950.950.930.970.930.860.950.590.870.870.40.960.160.770.960.930.980.990.860.670.750.810.350.960.36
1.00.991.00.980.930.971.00.670.970.960.490.990.130.860.990.990.980.960.860.520.840.840.410.990.42
0.970.970.960.910.860.970.960.611.00.970.480.960.080.880.960.980.950.920.810.530.850.80.390.960.4
1.01.00.990.990.951.00.960.670.970.950.471.00.130.861.00.990.990.980.880.560.830.840.391.00.4
0.670.670.680.650.590.670.610.670.590.690.170.660.020.550.670.660.620.580.50.360.640.320.130.640.14
0.970.970.970.920.870.971.00.970.590.950.520.970.120.880.970.990.950.930.830.530.840.850.420.970.43
0.960.960.940.90.870.960.970.950.690.950.30.96-0.090.910.960.970.930.910.820.480.830.710.20.950.21
0.470.460.520.490.40.490.480.470.170.520.30.440.570.210.450.460.450.450.460.390.30.660.880.470.89
1.01.00.990.980.960.990.961.00.660.970.960.440.10.861.00.990.990.980.880.570.820.830.351.00.36
0.120.130.160.180.160.130.080.130.020.12-0.090.570.1-0.080.120.090.140.160.130.170.060.360.650.120.65
0.860.860.860.820.770.860.880.860.550.880.910.210.86-0.080.860.880.840.830.710.310.780.720.120.860.13
1.01.00.990.980.960.990.961.00.670.970.960.451.00.120.860.990.990.980.860.590.840.830.381.00.39
1.01.00.990.960.930.990.980.990.660.990.970.460.990.090.880.990.980.960.860.560.840.820.370.990.38
0.990.990.970.980.980.980.950.990.620.950.930.450.990.140.840.990.980.990.870.640.810.830.380.990.39
0.970.980.960.970.990.960.920.980.580.930.910.450.980.160.830.980.960.990.870.660.790.860.370.980.39
0.870.860.870.870.860.860.810.880.50.830.820.460.880.130.710.860.860.870.870.560.460.780.310.880.33
0.560.60.510.550.670.520.530.560.360.530.480.390.570.170.310.590.560.640.660.560.370.440.420.570.42
0.840.840.830.80.750.840.850.830.640.840.830.30.820.060.780.840.840.810.790.460.370.630.310.820.31
0.840.830.850.860.810.840.80.840.320.850.710.660.830.360.720.830.820.830.860.780.440.630.550.850.56
0.390.390.430.430.350.410.390.390.130.420.20.880.350.650.120.380.370.380.370.310.420.310.550.381.0
1.01.00.990.980.960.990.961.00.640.970.950.471.00.120.861.00.990.990.980.880.570.820.850.380.39
0.40.40.440.440.360.420.40.40.140.430.210.890.360.650.130.390.380.390.390.330.420.310.561.00.39
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UnitedHealth Group Account Relationship Matchups

UnitedHealth Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets173.9B197.3B212.2B245.7B273.7B287.4B
Total Current Liabilities61.8B72.4B78.3B89.2B99.1B104.0B
Total Stockholder Equity60.4B65.5B71.8B77.8B88.8B93.2B
Property Plant And Equipment Net8.7B8.6B9.0B10.1B11.5B12.0B
Net Debt29.7B26.5B24.6B34.3B37.1B39.0B
Retained Earnings61.2B69.3B77.1B86.2B95.8B100.6B
Cash11.0B16.9B21.4B23.4B25.4B26.7B
Non Current Assets Total131.3B143.6B150.4B176.6B200.0B210.0B
Non Currrent Assets Other94.0B102.3B107.3B12.3B69.6B73.1B
Cash And Short Term Investments14.2B19.8B23.9B27.9B29.6B31.1B
Net Receivables11.8B25.4B28.1B30.5B39.0B40.9B
Common Stock Shares Outstanding966M961M956M950M938M1.2B
Liabilities And Stockholders Equity173.9B197.3B212.2B245.7B273.7B287.4B
Non Current Liabilities Total49.9B54.3B57.4B70.1B80.4B84.5B
Other Current Assets16.6B8.5B9.8B10.7B9.8B6.2B
Other Stockholder Equity16M2.8B3.3B3.7B4.2B4.4B
Total Liab111.7B126.8B135.7B159.4B174.8B183.5B
Total Current Assets42.6B53.7B61.8B69.1B78.4B82.4B
Short Long Term Debt Total40.7B43.5B46.0B57.6B62.5B65.7B
Intangible Assets10.3B10.9B10.0B14.4B15.2B16.0B
Other Current Liab33.6B20.4B23.0B26.3B58.4B61.4B
Short Term Debt3.9B4.8B3.6B3.1B5.3B5.6B
Accounts Payable21.7B44.4B49.1B56.8B32.0B33.6B
Short Term Investments3.3B2.9B2.5B4.5B4.2B4.4B
Accumulated Other Comprehensive Income(3.6B)(3.8B)(5.4B)(8.4B)(7.0B)(6.7B)
Good Will65.7B71.3B75.8B93.4B103.7B108.9B
Property Plant And Equipment Gross8.7B8.6B15.0B17.1B18.5B19.4B
Other Liab10.0B15.7B15.1B11.8B13.5B14.2B
Other Assets13.8B52.8B107.3B20.7B(4.7B)(4.5B)
Long Term Debt36.8B38.6B42.4B54.5B58.3B61.2B
Property Plant Equipment8.7B8.6B9.0B10.1B11.6B12.2B
Current Deferred Revenue2.6B2.8B2.6B3.1B3.4B2.5B
Net Tangible Assets(16.7B)(14.5B)75.0B(25.1B)(28.8B)(27.4B)
Noncontrolling Interest In Consolidated Entity2.8B2.8B3.3B3.7B4.2B4.4B
Retained Earnings Total Equity61.2B69.3B77.1B86.2B99.1B51.1B
Long Term Debt Total36.8B38.6B42.4B54.5B62.7B65.8B

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When determining whether UnitedHealth Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of UnitedHealth Group's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Unitedhealth Group Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Unitedhealth Group Incorporated Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UnitedHealth Group Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of UnitedHealth Group. If investors know UnitedHealth will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about UnitedHealth Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.043
Dividend Share
7.96
Earnings Share
15.35
Revenue Per Share
427.221
Quarterly Revenue Growth
0.092
The market value of UnitedHealth Group is measured differently than its book value, which is the value of UnitedHealth that is recorded on the company's balance sheet. Investors also form their own opinion of UnitedHealth Group's value that differs from its market value or its book value, called intrinsic value, which is UnitedHealth Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because UnitedHealth Group's market value can be influenced by many factors that don't directly affect UnitedHealth Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between UnitedHealth Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if UnitedHealth Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UnitedHealth Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.